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Square Hammer Corporation shows the following information on its 2018 income statement: Sales = $215,000; Costs = $102,000; Other expenses = $5,300; Depreciation expense =
Square Hammer Corporation shows the following information on its 2018 income statement: Sales = $215,000; Costs = $102,000; Other expenses = $5,300; Depreciation expense = $8,900; Interest expense = $13,800; Taxes = $34,000; Dividends = $10,400. In addition, you're told that the firm issued $7,500 in new equity during 2018 and redeemed $9,100 in outstanding long-term debt. What is the 2018 operating cash flow? What is the 2018 cash flow to creditors? What is the 2018 cash flow to stock holders?
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